Feb. 7, 2024
Dear Sir/Madam, Fundamentally, these rules create an unfair marketplace for other market participants, including retail investors, who are forced to face the consequences of long-tail risks while the OCC repeatedly waives margin calls for Clearing Members by repeatedly reducing their margin requirements. For this reason, this rule proposal should be rejected and Clearing Members should be subject to strictly defined margin requirements as other investors are. Why don't you do what's right for a change. Sincerely, Concerned Investor CONFIDENTIALITY NOTICE: This message is intended only for the use of the intended recipient(s) and it may be privileged and confidential. If you are not the intended recipient, or the employee or agent responsible to deliver it to the intended recipient, you are hereby notified that any review, retransmission, conversion to hard copy, copying, circulation or other use of this message is strictly prohibited and may be illegal. If you are not the intended recipient, please notify me immediately by return e-mail and delete this message from your system. Thank you